{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SM", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 50.67, "avg_conviction_label": "50.7", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "SM", "leader_score": "51", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [{"ticker__sector": "Energy", "count": 1, "avg_score": "50.67", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "volatility", "count": 1, "bar_width": 100.0}], "score_bands": [{"slug": "80-plus", "label": "80+", "min": "80", "max": null, "title": "80+ conviction options signals", "summary": "The strongest current options reads, where pressure, participation, volatility context, and trend fit are most aligned.", "count": 0, "url": "/options/conviction/80-plus/", "bar_width": 0.0}, {"slug": "60-79", "label": "60-79", "min": "60", "max": "80", "title": "60-79 conviction options signals", "summary": "Strong options setups with meaningful evidence, usually worth deeper confirmation in the ticker detail and weekly chart.", "count": 0, "url": "/options/conviction/60-79/", "bar_width": 0.0}, {"slug": "40-59", "label": "40-59", "min": "40", "max": "60", "title": "40-59 conviction options signals", "summary": "Developing options reads where the tape is active, but one or more confirmation layers still need context.", "count": 1, "url": "/options/conviction/40-59/", "bar_width": 100.0}, {"slug": "under-40", "label": "<40", "min": null, "max": "40", "title": "Under 40 conviction options signals", "summary": "Early, mixed, or lower-conviction options reads that can still be useful as watchlist context.", "count": 0, "url": "/options/conviction/under-40/", "bar_width": 0.0}]}, "signals": [{"symbol": "SM", "name": "SM Energy Co", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas E&P", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-ep/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 50.67, "options_pressure_score": 74.68, "trend_confirmation_score": 31.22, "speculation_score": 12.9, "volatility_score": 83.47, "edge_label": "Volatility expansion watch", "insight": "SM shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 0.20, expected move of 11.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T03:42:31.676264+00:00", "snapshot": {"fetched_at": "2026-07-31T03:42:31.676264+00:00", "underlying_price": 33.19, "total_contracts": 188, "call_contracts": 94, "put_contracts": 94, "call_volume": 657, "put_volume": 132, "call_open_interest": 50888, "put_open_interest": 16371, "put_call_volume_ratio": 0.20091324, "put_call_open_interest_ratio": 0.32170649, "volume_open_interest_ratio": 0.01173077, "avg_implied_volatility": 0.62096125, "max_pain_strike": 25.0, "expected_move_percent": 11.52455559, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 33.19, "one_week_change": 5.970625798212005, "one_week_change_label": "+6.0%", "relative_strength": 24.197799, "fair_value_gap_label": "+2.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "11.5%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 84.1, "confidence_label": "84/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 86% / P 14%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "31/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 5 days away."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 53.8, "score_label": "54/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+75"}, {"label": "1W price", "value": "+6.0%"}, {"label": "Call premium", "value": "86%"}, {"label": "Put premium", "value": "14%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 118, "open_interest": 13615, "premium": 78895.0, "premium_label": "$78895", "premium_share": 32.76710621949953, "weighted_strike": 27.35169491525424, "avg_iv": 0.4977940625, "max_voi": 0.21710526, "why": "calls cluster with 118 contracts traded, $78895 estimated gross traded notional, and 33% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 125, "open_interest": 1496, "premium": 50335.0, "premium_label": "$50335", "premium_share": 20.905409614785587, "weighted_strike": 32.5, "avg_iv": 0.5246225, "max_voi": 0.14285714, "why": "calls cluster with 125 contracts traded, $50335 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 185, "open_interest": 11332, "premium": 49690.0, "premium_label": "$49690", "premium_share": 20.637524659952238, "weighted_strike": 37.36486486486486, "avg_iv": 0.5260852, "max_voi": 1.57894737, "why": "calls cluster with 185 contracts traded, $49690 estimated gross traded notional, and 21% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 51, "open_interest": 7368, "premium": 15135.0, "premium_label": "$15135", "premium_share": 6.285951614577925, "weighted_strike": 29.50980392156863, "avg_iv": 0.6386434375, "max_voi": 0.27777778, "why": "puts cluster with 51 contracts traded, $15135 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 50, "open_interest": 110, "premium": 11125.0, "premium_label": "$11125", "premium_share": 4.620496313986086, "weighted_strike": 32.5, "avg_iv": 0.54169, "max_voi": 0.45454545, "why": "calls cluster with 50 contracts traded, $11125 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $240775 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/69187d00-694f-46b4-9afc-097fc34da8ec/", "research_links": {"chart": "/terminal/69187d00-694f-46b4-9afc-097fc34da8ec/", "report": "/terminal/69187d00-694f-46b4-9afc-097fc34da8ec/report/", "factor": "/factors/ticker/69187d00-694f-46b4-9afc-097fc34da8ec/", "insider": "/insider-activity/company/sm/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}